Pros and Conus of Using Web Wallets as a Deposit Option

May 21, 2018 •

Making a deposit into a casino site should be quick and completely hassle free, however with so many ways of funding and topping up your casino account these days you are faced with plenty of options regarding how you do so.

Whilst some players may be more than happy to use their credit or debit cards or use prepaid voucher to transfer their bankrolls into any casino site they are a member of, some players want to use different options and there are plenty of web and e-wallets that have been designed or can be used to do so.

You may be consider using a web wallet and if so then please do read on for I will be revealing to you below the pros and cons of using web wallets as the main way you do fund any casino accounts or any gambling site accounts too.

The first thing you do need to be aware of is that the country in which you reside is often going to influence just which if any web wallets you will be able to make use of.

As such before you waste any time signing up to use a web or e-wallet, makes sure that you are permitted to do so based on which country you reside, and double check to see if the web wallet provider allows players based in your country of residence to use their web wallets as a casino site payment method.

Not all web wallets will let you do so, take for example PayPal, they do allow players in countries such as the UK to fund gambling site accounts with their web wallets however people based in for example the USA are not permitted to use a PayPal web wallet for such a purpose.

Web wallet providers do make their money in a range of different ways, the main ones being by charging their users a range of different fees, and you always need to be aware of those fees to determine if it is in any way going to be cost effective for you to use one wallet rather than any other.

The fees can be levied on you when for example you fund your web wallet accounts using some types of payment options, and you may be required to pay a fee when anyone including gambling companies, send you your winnings.

There may also be some rather annoying downsides of choosing to use some web wallets, for I do know that more and more casino sites are now not giving any of their web wallet users access to bonuses and/or promotional offers.

As such if you do fancy or are interested in using a web wallet make sure you find out what the fees and charges of doing so will be, whether you can actually use one to fund casino or gambling site account based on where you live and also whether you are going to lose our regarding bonuses and promotional offers too!